2-Bedroom Residence in Ocean House, Palm Jumeirah — Below Market

Property Overview

This 2-bedroom, 3-bathroom residence in Ocean House, Palm Jumeirah, is offered at AED 9,350,000. The unit measures 1,873 sq ft, with a bright open-plan living and dining area, floor-to-ceiling windows and serene sea views.

Property Highlights

• Bedrooms: 2
• Bathrooms: 3
• Size: 1,873 sq ft
• Asking price: AED 9,350,000
• Price per sq ft: approximately AED 4,992
• View: Serene sea views
• Ownership: Freehold
• Building: Ocean House, The Crescent, Palm Jumeirah

Pricing Flag — Please Verify Before Publishing

The agent's brief describes this directly as a "Below Market Unit" and the "lowest priced" 2-bedroom option available. A project matching this name and location — Ellington Ocean House, developed by Ellington Properties on the Crescent of Palm Jumeirah — was located during research, but its published 2-bedroom units start from AED 22,580,828, substantially higher than the AED 9,350,000 asking price stated in this brief. This gap (roughly 58% below the developer's own starting price) is far larger than a typical below-market discount and has not been independently reconciled. This could reflect a different, unconfirmed "Ocean House" project, a pricing error in the brief, or an unusual distress circumstance not described. This should be verified directly with the agent before the listing is published.

About the Project (Context Only, Pending Price Verification)

If this unit is confirmed to be within Ellington Ocean House, that project is a 9-storey, 88-unit development by Ellington Properties (with SOL Properties and Northacre) on the Crescent of Palm Jumeirah, offering 2 to 6-bedroom apartments, duplexes and penthouses with ocean-inspired architecture and views of the Arabian Gulf, Burj Al Arab and Burj Khalifa. Construction began in mid-2023, with handover reported between late 2025 and early 2026 across different sources. Amenities include an Olympic-size pool, wellness spa, fitness studio, cinema room and private club lounge.

Location and Connectivity

The Crescent of Palm Jumeirah, between Serenia Residences and Waldorf Astoria Dubai Palm Jumeirah, offers access to Crescent Road and onward to Palm Jumeirah Road. Specific walking distances or drive times to individual amenities from this unit have not been supplied and are not stated here.

Verification Notes

Unit-specific facts — price, size, bedrooms, bathrooms, view and interior features — come from the agent's brief and have not been independently verified by DPF. The price per square foot has been independently calculated from the supplied price and size. The identity of the developer and the accuracy of the asking price relative to published Ellington Ocean House pricing could not be reconciled and are flagged above for Shabana's review before this listing is finalized. No original purchase price or dated market comparable was supplied, so no savings figures are shown. Parking type and floor were not supplied in the brief and are omitted rather than assumed. This listing remains a Draft pending Shabana's review, with the pricing discrepancy as the top priority to resolve.